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Is it me??

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Comments

  • Registered Users, Registered Users 2 Posts: 6,561 ✭✭✭JJayoo


    It's like the housing boom..except this time the boys can't throw the keys in the letterbox....they have a nice farm they can go after


  • Registered Users Posts: 79 ✭✭Le shovelle


    Theres a sign near where im working atm saying 2021 citreon berlingo 12000+vat

    That sounds like good value


  • Registered Users, Registered Users 2 Posts: 7,045 ✭✭✭kevthegaff


    duffysfarm wrote: »
    Friend of mine is on pup payment and labouring for €150 cash into hand per day so thats €1,100 in the pocket each week. He doenst drink or smoke and hasnt a penny

    Wonder does he gamble


  • Posts: 0 [Deleted User]


    duffysfarm wrote: »
    Friend of mine is on pup payment and labouring for €150 cash into hand per day so thats €1,100 in the pocket each week. He doenst drink or smoke and hasnt a penny

    That's always gone on. I worked with two other lads during the boom, one day they hadn't turned up by 10.30. I asked the boss what the story was? "Signing on day" :rolleyes: Easy know the fool on that job.


  • Registered Users, Registered Users 2 Posts: 2,231 ✭✭✭carrollsno1


    That sounds like good value

    Great value if its true.

    Better living everyone



  • Registered Users Posts: 79 ✭✭Le shovelle


    Great value if its true.

    If you read it somewhere, it must be true :)


  • Registered Users, Registered Users 2 Posts: 2,231 ✭✭✭carrollsno1


    If you read it somewhere, it must be true :)

    Could be a fake news phenomenon for all i know

    Better living everyone



  • Posts: 6,192 ✭✭✭ [Deleted User]


    lab man wrote: »
    Nephew just qualified as a heavy diesel mechanic and all the crowds want is your stamp on the paper to say the truck or bus is road worthy if something happens the guy with the stamp takes the fall remember there a few years ago about a bus up Midlands that crashed with kids on it they bus owner done his best to nail the mechanic we heard
    Anything he's not happy to sign off on,pass it up the line.....noone ever got sacked for doing their job correctly/to a high standerd


    There is weird rules about this truck stuff,we couldnt sign off a truck for the company i work for,but could for someone else??


    I


  • Registered Users, Registered Users 2 Posts: 4,337 ✭✭✭arctictree


    Why is this not feeding into official inflation rates? I see for 2021 the rate is estimated as 0.6%. Do they not take into account the cost of large value items and services?


  • Registered Users Posts: 2,373 ✭✭✭Dunedin


    with papers or without ?

    Without. To be fair they were recommended from a friend in my gun club and I’ve saw the mother working. Still ridiculous money but I had been watching out for lab or Springer for last 12 months nearly and it was either pay the money or have no dog. People paying up to €2k for pups.....


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  • Registered Users, Registered Users 2 Posts: 7,103 ✭✭✭amacca


    arctictree wrote: »
    Why is this not feeding into official inflation rates? I see for 2021 the rate is estimated as 0.6%. Do they not take into account the cost of large value items and services?

    Could be wrong but I thought it was calculated on a basket of goods....groceries, basic clothing etc

    Always thought there were a lot of items left out


  • Registered Users, Registered Users 2 Posts: 1,150 ✭✭✭jimmy G M


    amacca wrote: »
    Could be wrong but I thought it was calculated on a basket of goods....groceries, basic clothing etc

    Always thought there were a lot of items left out

    According to this video on the CSO website, 50,000 consumer prices are compared monthly across like for like products and services....

    https://www.cso.ie/en/interactivezone/statisticsexplained/consumerpriceindex/


  • Registered Users, Registered Users 2 Posts: 7,103 ✭✭✭amacca


    jimmy G M wrote: »
    According to this video on the CSO website, 50,000 consumer prices are compared monthly across like for like products and services....

    https://www.cso.ie/en/interactivezone/statisticsexplained/consumerpriceindex/

    Interesting. You learn something new everyday.


  • Registered Users, Registered Users 2 Posts: 2,983 ✭✭✭yosemitesam1


    arctictree wrote: »
    Why is this not feeding into official inflation rates? I see for 2021 the rate is estimated as 0.6%. Do they not take into account the cost of large value items and services?

    The way they average and weight things skews it a lot. We all now that the cost of living is very different to 10 years ago despite supposedly very little inflation.
    There's 2 or 3 independent inflation measures carried out in the us that show 5-10% compared to well under 2% for the official cpi


  • Registered Users Posts: 8,239 ✭✭✭Pussyhands


    Yes, prices are gone absolutely bonkers.

    I drive a 12/13 year old car and I won't be buying anything soon hopefully.

    Cheap credit is what's driving all prices upwards. I don't know how this will all end but it could be bad.


  • Moderators, Society & Culture Moderators Posts: 12,696 Mod ✭✭✭✭blue5000


    Oil prices taking a big jump now too. That container ship stuck in the Suez canal will drive it up even more. How big a job would it be to have the top layer of containers taken off with a helicopter?

    Perhaps we should all be haggling more when we buy stuff instead of just being price takers.

    If the seat's wet, sit on yer hat, a cool head is better than a wet ar5e.



  • Registered Users, Registered Users 2 Posts: 7,103 ✭✭✭amacca


    blue5000 wrote: »
    Oil prices taking a big jump now too. That container ship stuck in the Suez canal will drive it up even more. How big a job would it be to have the top layer of containers taken off with a helicopter?

    Perhaps we should all be haggling more when we buy stuff instead of just being price takers.

    Only problem is it's hard to haggle with something that's a necessity and a queue of lads that would walk all over each other to get it forming behind you.....

    Don't get me wrong I agree in general but society is too disintegrated now....takes everyone having a common cause or the sense to not accept short term gains that will screw everyone down the line......very little of that left... our media preys upon creating division too


  • Registered Users Posts: 1,923 ✭✭✭adocholiday


    500 litres of Kerosene now €315. I bought 500 last Jan for €235 and another 500 in October for €230.


  • Registered Users, Registered Users 2 Posts: 1,524 ✭✭✭grassroot1


    Dunedin wrote: »
    Without. To be fair they were recommended from a friend in my gun club and I’ve saw the mother working. Still ridiculous money but I had been watching out for lab or Springer for last 12 months nearly and it was either pay the money or have no dog. People paying up to €2k for pups.....

    Thats sore but without a dog you are at nothing


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  • Registered Users Posts: 2,373 ✭✭✭Dunedin


    grassroot1 wrote: »
    Thats sore but without a dog you are at nothing

    Ah sur that’s it. I don’t do an awful lot of shooting these days but I like to have a decent dog all the same as it’s the dog that makes me go.


  • Registered Users, Registered Users 2 Posts: 1,579 ✭✭✭kerryjack


    Shop around, get on the phone and see where you can get materials at the best price, buy in bulk, a few builders merchants down here,all looking for your business some are good on timber and some not so good, same down here with cars, A lad down the road from me here has a yard full of cars and he would leave them rot before he would do a deal, I think he likes to be looking at them. I go to Dublin to buy my used cars, no bull off them no haggling just a good price, they move them on quick take a little profit and move on.


  • Registered Users, Registered Users 2 Posts: 7,045 ✭✭✭kevthegaff


    kerryjack wrote: »
    Shop around, get on the phone and see where you can get materials at the best price, buy in bulk, a few builders merchants down here,all looking for your business some are good on timber and some not so good, same down here with cars, A lad down the road from me here has a yard full of cars and he would leave them rot before he would do a deal, I think he likes to be looking at them. I go to Dublin to buy my used cars, no bull off them no haggling just a good price, they move them on quick take a little profit and move on.

    Ya bought a galaxy here 2 years ago ex rental, local lad said couldnt be got. Up and down in 5 hrs with a 5k cheaper car from Dublin


  • Registered Users Posts: 109 ✭✭bosallagh88


    With more buildings work sheds going up etc are guys getting more money for labouring type work than before?


  • Registered Users, Registered Users 2 Posts: 2,231 ✭✭✭carrollsno1


    With more buildings work sheds going up etc are guys getting more money for labouring type work than before?

    I think the CIF rate for labouring is about €17.50 and rises with tickets and ability etc.

    Better living everyone



  • Registered Users, Registered Users 2 Posts: 3,616 ✭✭✭kk.man


    I think the CIF rate for labouring is about €17.50 and rises with tickets and ability etc.

    Omg.. I'm not the wrong job.


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  • Registered Users Posts: 1,186 ✭✭✭ruwithme


    Don't get too excited by the cif rates. Would need to do more than "kick the stone's about "

    Majority of building worker's earn their wages hard.most cif sites are in cities & larger towns. Good journeys away from rural ireland


  • Registered Users, Registered Users 2 Posts: 2,231 ✭✭✭carrollsno1


    ruwithme wrote: »
    Don't get too excited by the cif rates. Would need to do more than "kick the stone's about "

    Majority of building worker's earn their wages hard.most cif sites are in cities & larger towns. Good journeys away from rural ireland

    Theres plenty on our job at the moment doing just that at the moment but its not likely theyll be kept on when it quiettens down all the same. Heard of one lad getting €970 into the hand if he worked the Saturday as well in fairness he was a right lad to go but he was still in as a GO. Im well aware of the travel but some companies give subsistence money the whole time whereas we only get it outside of the base that definitly makes a big difference when you can get it too.

    Better living everyone



  • Registered Users Posts: 1,186 ✭✭✭ruwithme


    Fair play to the unions,conditions & pay are better now for the working man on the so called proper sites as the safe pass instructor would say.


  • Registered Users, Registered Users 2 Posts: 2,231 ✭✭✭carrollsno1


    ruwithme wrote: »
    Fair play to the unions,conditions & pay are better now for the working man on the so called proper sites as the safe pass instructor would say.

    Oh for sure its only on proper sites and proper companys i reckon for everyman getting what hes worth theres a handful getting rode. Im not on a whole lot myself at the miuute but id be on a whole lor less if i was with a local firm.

    Better living everyone



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  • Registered Users Posts: 8,239 ✭✭✭Pussyhands


    Not something you'd want to be at long term.

    Manual labour all day every day. Broken man in your 60s


  • Registered Users Posts: 6 irishpride12


    With all this extra money around where is the saftest place to invest it, when it all pops what will hold value and stay relative. Maybe we should just chip the mortgage down fast as possible


  • Registered Users, Registered Users 2 Posts: 1,837 ✭✭✭lab man


    I lost my job in a factory last august was on 550 to 600 a week take home depended on hitting targets got another job 349 a week I dunno is it even worth working at that money with tyres diesel launches etc


  • Registered Users Posts: 790 ✭✭✭richie123


    With all this extra money around where is the saftest place to invest it, when it all pops what will hold value and stay relative. Maybe we should just chip the mortgage down fast as possible

    Bitcoin lol


  • Registered Users, Registered Users 2 Posts: 4,034 ✭✭✭tabby aspreme


    richie123 wrote: »
    Bitcoin lol

    That's one thing I can't get my head around, though I haven't tried too hard


  • Registered Users Posts: 790 ✭✭✭richie123


    That's one thing I can't get my head around, though I haven't tried too hard

    Ya its unbelievable stuff really a lot of people are gonna get burnt.


  • Registered Users, Registered Users 2 Posts: 2,983 ✭✭✭yosemitesam1


    richie123 wrote: »
    Ya its unbelievable stuff really a lot of people are gonna get burnt.

    The thing eith bitcoin is that it's whether or not people believe in it decides whether or not it works. Absolutely no different to dollars or euros in that regard except for the lack of a central bank to silently devalue the holders wealth over time


  • Moderators, Society & Culture Moderators Posts: 1,898 Mod ✭✭✭✭Albert Johnson


    lab man wrote: »
    I lost my job in a factory last august was on 550 to 600 a week take home depended on hitting targets got another job 349 a week I dunno is it even worth working at that money with tyres diesel launches etc

    Has your work/life balance improved anything since changing jobs and has it allowed you any extra flexibility compared to before?. My weekly wage wouldn't be anything extravagant especially during the busier period's if broken down per hour. However it levels out a bit in the quieter times and if something comes up outside of work I'd have more flexibility compared to a traditional 9-5. There's more to work than just the weekly wage imo although that's what pays the bills.


  • Registered Users, Registered Users 2 Posts: 4,077 ✭✭✭Hard Knocks


    Has your work/life balance improved anything since changing jobs and has it allowed you any extra flexibility compared to before?. My weekly wage wouldn't be anything extravagant especially during the busier period's if broken down per hour. However it levels out a bit in the quieter times and if something comes up outside of work I'd have more flexibility compared to a traditional 9-5. There's more to work than just the weekly wage imo although that's what pays the bills.

    Don’t forget
    You work to live not live to work


  • Registered Users, Registered Users 2 Posts: 1,837 ✭✭✭lab man


    Has your work/life balance improved anything since changing jobs and has it allowed you any extra flexibility compared to before?. My weekly wage wouldn't be anything extravagant especially during the busier period's if broken down per hour. However it levels out a bit in the quieter times and if something comes up outside of work I'd have more flexibility compared to a traditional 9-5. There's more to work than just the weekly wage imo although that's what pays the bills.

    Yes life is deffo better I just do 3 days now before I done 2days 2 notes 4 off worked 6 weekends outta 8


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  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    That's one thing I can't get my head around, though I haven't tried too hard
    Try this...
    - Hard money - the most finite financial asset there is....hard capped at 23 million. More finite than gold.
    - Digital currency for a digital era
    - A hedge against rampant sovereign currency printing.
    - Decentralised money that disintermediates banks.
    - Censorship resistant ...meaning that nobody can be prevented from sending or receiving value on the bitcoin network. Nobody can confiscate your bitcoin (unless you leave your private key lying around).
    richie123 wrote: »
    Ya its unbelievable stuff really a lot of people are gonna get burnt.
    - People get greedy and pile in on hype cycles. That doesn't make bitcoin a bad idea over the longer term. It still remains the best performing asset over most years of its existence...including this year, last year, 2019, the past decade, etc.
    Don't be greedy but DO hold a couple of percent of your portfolio in bitcoin.
    The thing eith bitcoin is that it's whether or not people believe in it decides whether or not it works. Absolutely no different to dollars or euros in that regard except for the lack of a central bank to silently devalue the holders wealth over time
    The caveat you mention is front and centre as regards why bitcoin garners interest. It also explains what led to this very thread. We don't have inflation as per CPI - but CPI has been rigged to remove relevant items. Technology is driving deflation on certain items but assets/commodities/food are being driven up.


  • Registered Users Posts: 790 ✭✭✭richie123


    The thing eith bitcoin is that it's whether or not people believe in it decides whether or not it works. Absolutely no different to dollars or euros in that regard except for the lack of a central bank to silently devalue the holders wealth over time

    If your in cash you will lose a small percentage every year .
    If your in bitcoin you could lose 90 per cent next year.
    Thats difference imo.


  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    richie123 wrote: »
    If your in cash you will lose a small percentage every year .

    Small percentage based on what metric? CPI? CPI is rigged. This very thread is testament to the fact that it's not just a small percentage.
    richie123 wrote: »
    If your in bitcoin you could lose 90 per cent next year.
    Three aspects to consider - are you going to take a disproportionate position in bitcoin? Do you have a low time preference in which case you'll realise such an eventuality should there be a market correction next year or do you have a higher time preference and can benefit from bitcoin on that basis? i.e. the best performing asset of the last decade. Finally, someone can decide to opt out of that shorter time frame speculation and volatility by dollar cost averaging into a bitcoin position over the much longer term with regular but small purchases. In that case, nearer term peaks and troughs are smoothed out whilst still getting the benefit of what has been a consistent upward trend for an asset that's finite benchmarked/priced against currencies that are anything but finite.


  • Registered Users, Registered Users 2 Posts: 4,005 ✭✭✭Green farmer


    richie123 wrote: »
    Ya its unbelievable stuff really a lot of people are gonna get burnt.


    I keep thinking of the childhood story "emperor's new clothes" when I think of bitcoin. Cannt see it ending well.


  • Registered Users Posts: 790 ✭✭✭richie123


    Small percentage based on what metric? CPI? CPI is rigged. This very thread is testament to the fact that it's not just a small percentage.

    Three aspects to consider - are you going to take a disproportionate position in bitcoin? Do you have a low time preference in which case you'll realise such an eventuality should there be a market correction next year or do you have a higher time preference and can benefit from bitcoin on that basis? i.e. the best performing asset of the last decade. Finally, someone can decide to opt out of that shorter time frame speculation and volatility by dollar cost averaging into a bitcoin position over the much longer term with regular but small purchases. In that case, nearer term peaks and troughs are smoothed out whilst still getting the benefit of what has been a consistent upward trend for an asset that's finite benchmarked/priced against currencies that are anything but finite.

    What does cpi mean ?
    I dont understand bitcoin.
    Theres a lot of mystery about mining computer programming etc.
    Gold is just a metal in finite supply.easy to understand.
    But for someone.lije yourself who understands it then yes its probably a good investment


  • Registered Users, Registered Users 2 Posts: 4,664 ✭✭✭makeorbrake


    I keep thinking of the childhood story "emperor's new clothes" when I think of bitcoin. Cannt see it ending well.
    It's been around for 12 years already and it's not going away.
    richie123 wrote: »
    What does cpi mean ?
    CPI stands for Consumer Price Index. It's a measure of changes in the price of a basket of consumer goods. The basket of goods was changed going back some years to exclude food, energy and asset price inflation.
    richie123 wrote: »
    I dont understand bitcoin.
    Theres a lot of mystery about mining computer programming etc.
    All you need to know is that there's a capped supply of 23 million bitcoin. The mining aspect is required to secure the network and confirm transactions on the network.
    richie123 wrote: »
    Gold is just a metal in finite supply.easy to understand.
    Gold is finite - albeit that as the price of gold goes up, greater efforts are likely to be made to extract it. As the price of bitcoin goes up, there's no conceivable way of 'extracting' more of it. Therefore, it's even more finite.


  • Registered Users, Registered Users 2 Posts: 10,910 ✭✭✭✭patsy_mccabe


    I thought of this thread today. Went in to a hardware store to get an electric contact spray. Guy printed of receipt, looked at it and goes "God, that's dear".
    €33. :eek:
    Walked out without it. Looked online since and Woodies have one for €7.50

    'If I ventured in the slipstream, Between the viaducts of your dream'



  • Registered Users, Registered Users 2 Posts: 1,001 ✭✭✭timple23


    Small percentage based on what metric? CPI? CPI is rigged. This very thread is testament to the fact that it's not just a small percentage.

    Three aspects to consider - are you going to take a disproportionate position in bitcoin? Do you have a low time preference in which case you'll realise such an eventuality should there be a market correction next year or do you have a higher time preference and can benefit from bitcoin on that basis? i.e. the best performing asset of the last decade. Finally, someone can decide to opt out of that shorter time frame speculation and volatility by dollar cost averaging into a bitcoin position over the much longer term with regular but small purchases. In that case, nearer term peaks and troughs are smoothed out whilst still getting the benefit of what has been a consistent upward trend for an asset that's finite benchmarked/priced against currencies that are anything but finite.

    If you had €1000 to invest, where would you put it? I really need to start learning about investing.


  • Registered Users, Registered Users 2 Posts: 10,910 ✭✭✭✭patsy_mccabe


    Bitcoin ......

    ".....there are more than 4,000 cryptocurrencies in existence as of January 2021."

    There's even one called Titcoin, I kid you not. The whole thing is a joke.

    'If I ventured in the slipstream, Between the viaducts of your dream'



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  • Registered Users, Registered Users 2 Posts: 2,150 ✭✭✭Dinzee Conlee


    Bitcoin ......

    ".....there are more than 4,000 cryptocurrencies in existence as of January 2021."

    There's even one called Titcoin, I kid you not. The whole thing is a joke.

    Maybe Patsy, but what’s real when it comes to investing?
    Surely a lot of stocks are based on what people think they’re worth? And they can go up and down...
    Some companies have assets, but a lot now don’t - its all software and intellectual property...
    And anyone who has a pension has some sort of stocks...

    I don’t know much about Bitcoin, but I think to write it off as a fad might be wrong...

    As someone above did, they invested in bitcoin rather than a calf... I wish I invested :)
    Now I know bitcoin could tank, but an animal could die too :)


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